September 27, 2011

The Daily Bankruptcy News

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Law:

MLB: Dodgers' lawyers conflicted, should be removed
(DBN)

Sidley Austin LLP Adds Bankruptcy Lawyers to the Firm's Executive Committee and Management Committee
(DBN)

Lehman Brothers Bankruptcy Bill Topped $1.36B Last Month
(DBN)

Myrtle Beach lawyer Pavilack's assets to be sold
(DBN)

Age-Old Legal Principle Declines
(DBN)

Morgan Stanley, Citigroup, Chinastockwatch.com, Gas Drilling in Court News
(DBN)

So How Much are the Lawyers Making Off the NBA Lockout?
(DBN)

Paul Weiss Wants Fun Intellectuals
(DBN)

If you build it, they will come. But will they return?
(DBN)

Prominent Plaintiffs’ Attorneys Ordered to Pay Up After Losing Breach of Contract Trial
(DBN)

2nd Circuit Revives Suit Against Leeds Morelli, Says Clients Couldn’t OK ‘Enormous’ Conflict
(DBN)

Stage Set for High Court to Review Health-Care Law
(DBN)

MoneyBall and Law Firms Counts for Beans
(DBN)

Commendable Comment Award
(DBN)

UK’s Ashurst and Australia’s Blake Dawson Plan Major Global Firm with Focus on Asia
(DBN)

Switching Sides from Corporate Work to Plaintiffs Firms
(DBN)

Madoff, Carter's, News Corp., Goldman, Macquarie Court News
(DBN)

An Open Letter to My Future Employer: Hire These People Instead
(DBN)

Glamorous Work Eludes ‘Hollywood’ Lawyer
(DBN)

SEC Inspector General Hits $120K in Payments to Law Prof Heading ‘Office of Smart People’
(DBN)

The Worst Person to Take Law School Advice From Is Someone Who Didn’t Attend Law School
(DBN)

Law School by the Numbers
(DBN)

A 1L’s Guide to Highlighter Colors
(DBN)

Loan Repayment Options for Those Considering Public Interest Legal Careers
(DBN)

Advice for Choosing a Law School for Those Interested in Public Interest Law Careers
(DBN)

Eve of Destruction
(DBN)

ABA stalls on honing law schools' jobs placements reports
(DBN)

Big Change in Graduate School Loans Flew Under the Radar
(DBN)

Same-Sex Dorms: The Dumbest Controversy This Month?
(DBN)

Judge more than doubles Casey Anthony's bill to over $217,000
(DBN)

D.A. Seeks Ex-Associate's Extradition From Hong Kong
(DBN)

Law school grad sentenced to 3 years in prison for dealing meth
(DBN)

Amanda Knox:'she-devil'
(DBN)

Lawyer: Knox is like Jessica Rabbit
(DBN)

6 Laws You've Broken Without Even Realizing It
(DBN)

"The Good Wife" - Legal fades into background
(DBN)

Thousands run in underwear to protest Utah laws
(DBN)

______________

Judges:

Justice Scalia Takes Sides in Same-Sex Dorm Dispute
(DBN)

Judge in ‘Cash-for-Kids’ Scheme Gets 17.5 Years
(DBN)

States debate judicial elections versus appointed bench
(DBN)

Judge Who Left Granddaughter in Car Gets Deferred Prosecution Agreement
(DBN)

What is a Supreme Court Justice Worth and Does Justice Sotomayor Need A Second Job?
(DBN)

Scalia Defends Moral Judgment and Law Schools That Embrace It
(DBN)

Courts & Budget Cuts: Accidental, brutal form of tort reform
(DBN)

Another NY Judge Resigns Over Wages
(DBN)

______________

Wall Street:

Stock index futures signal further gains
(DBN)

All Markets Are Up Again As World Concludes Europe's Perfectly Fine
(DBN)

Stocks jump on hopes for a Europe fix; Dow up 272
(DBN)

Occupy Wall Street activists name officer over pepper spray incident
(DBN)

Queens Councilman: Wall Street Protestors Need To Find Jobs
(DBN)

The Occupy Wall Street Protestors Are Starting To Get Foul
(DBN)

Wall Street elites enjoy police protection
(DBN)

Goldman Sachs Wins Dismissal of Shareholder Suit Over Employee Bonuses
(DBN)

Goldman Reportedly Preparing Deeper Cuts
(DBN)

______________

Layoffs:

'Massive jobs shortfall' predicted for global economy
(DBN)

Slump Alters Jobless Map in U.S., With South Hit Hard
(DBN)

Macy's to hire more holiday workers this year
(DBN)

Macy's to add 78,000 holiday jobs
(DBN)

Goldman Prepares Drastic New Cuts Ahead Of Rumored Quarterly Loss
(DBN)

HUD, senators scramble as program to help jobless homeowners expires
(DBN)

Obama: Jobs Plan Would 'Jump Start' Growth
(DBN)

Cracking down on job-candidate credit checks
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Autos:

UAW and Ford lay groundwork as contract talks deepen
(DBN)

Chrysler, United Auto Workers Restart Contract Talks After Breakdown
(DBN)

______________

Debt Collection:

Debt collection is the new growth industry
(DBN)

______________

Credit Counseling:

Man Charged With Impersonating Federal Agencies In Debt Relief Scheme
(DBN)

______________

Oil/Gas:

Oil Drops Near Seven-Week Low on European Crisis, US Economy
(DBN)

______________

Banking:

UBS CEO Resigns, Board Affirms Commitment to Investigation, Changes
(DBN)

UBS Bankers Face Dwindling Options
(DBN)

Swiss bank urged to use a much sharper axe
(DBN)

Ermotti Inherits UBS in 'Disarray'
(DBN)

The Most Powerful Women in Banking
(DBN)

Consumers Face Rising Bank Fees, Fewer Perks
(DBN)

Denver has nation's highest ATM surcharges and bounced check fees
(DBN)

______________

Celebs:

Martino bankruptcy creditor comes to his defense
(DBN)

Second creditor says Tom Martino did not commit fraud
(DBN)

Tom Martino: Allegations of shifting assets involving past bankruptcy filing by wife Holly
(DBN)

Martha Stewart Is Out of SEC Jail
(DBN)

Eva Longoria's Beso restaurant's fate in hands of CityCenter mall
(DBN)

______________

Aviation:

Bankrupt Airline Flies Again ----- on TV
(DBN)

AMR Bankruptcy Talk Takes Flight Again
(DBN)

Eviction of Commander from airport can proceed
(DBN)

______________

Baseball:

Uncertain future hanging over Dodgers
(DBN)

Selig Threatens to Kick Dodgers Out of MLB
(DBN)

Frank McCourt goes on a fishing expedition
(DBN)

______________

Accounting:

Deloitte accused of missing fraud at mortgage firm
(DBN)

______________

Accounting:

Europe to Propose Tougher Rules for Auditing Firms
(DBN)

______________

Retailing:

Bankruptcy judge approves Borders IP sale to Barnes & Noble
(DBN)

______________

Entertainment:

Public Media Works Files Voluntary Chapter 11 Petition
(DBN)

______________

Building Materials:

Oregon's Jeld-Wen plans smaller bond sale
(DBN)

______________

Economy:

IMF to increase resources to more than $1 trillion
(DBN)

Christine Lagarde: IMF may need billions in extra funding
(DBN)

Dallas Fed Manufacturing Survey picks up, Home Sales Distressing Gap
(DBN)

Chicago Fed: Economic activity weakened in August
(DBN)

Confidence to improve only slightly in Sept .
(DBN)

Plan B: Flood the markets
(DBN)

Fed's Bullard says asset purchases a potent tool
(DBN)

Fed's Kocherlakota Says Central Banks Could Guarantee Debts
(DBN)

US Has More Serious Problems Than Europe
(DBN)

Economic Confidence Slid in Past Week, Mirroring U.S. Stocks
(DBN)

Gallup: Half think govt is 'immediate threat to the rights and freedoms of ordinary citizens'
(DBN)

Bloomberg calls Buffett Rule 'theatrics'
(DBN)

Buffett could easily pay taxes like the rest of us
(DBN)

Hundreds sell their own burial plots to make some quick cash
(DBN)

Gold vending machine
(DBN)

Most Food Stamp Recipients Have No Earned Income
(DBN)

Warren Buffett Scorns Stock Buybacks (Except Now)
(DBN)

Obama, on US jobs tour, chides Europe on debt woes
(DBN)

Geithner Says Obama Jobs Plan Will Rebuild U.S. Infrastructure
(DBN)

$200K Per Job? Timothy Geithner Says White House Jobs Plan Is Still a Bargain
(DBN)

Debt Agreement at Risk as Lawmakers Target Cuts
(DBN)

Coke chief criticizes US tax rules; Says China more business friendly
(DBN)

Trader bonuses could take a big pay cut if this new Volcker Rule passes
(DBN)

US crime and GDP: Falling together
(DBN)

Gold Plunges Below $1,650 in Record Drop
(DBN)

We've created a dismal future
(DBN)

Senate Brokers Agreement To Prevent Shutdown; House Must Still Act
(DBN)

Can you live on $9 an hour?
(DBN)

Economic Stress Map
(DBN)

Economy Tracker Map
(DBN)

US Debt Clock
(DBN)

______________

Real Estate:

New home sales fall, again
(DBN)

On Pace for Record Low New Home Sales in 2011
(DBN)

Home Prices in US Cities Probably Fell in July From Year Ago
(DBN)

Survey shows first-time homebuyers growing weary of short sales
(DBN)

Epic Stakes in Fannie Mae/Freddie Mac Mortgage War
(DBN)

Freddie Mac Mishandled Loan Reviews, May Have Spared Banks, Watchdog Says
(DBN)

Report says housing agency failed to check Freddie and Fannie mortgage settlements with BofA
(DBN)

Linden Ponds emerges from bankruptcy with $142M bond refi
(DBN)

Goldman Sachs Asks Judge to Put Thornburg Mortgage Suit on Hold
(DBN)

Harris Doubts `Real Growth' in U.S. Housing Until 2013
(DBN)

Wetenhall Says U.S. Home Prices May Fall 5%-15% in 2012
(DBN)

Deloitte Sued for $7.6 Billion in Taylor Bean Collapse
(DBN)

Florida's top justice orders review of foreclosure mediation program
(DBN)

_____________

Celebs:

Funk legend Sly Stone homeless and living in a van in LA
(DBN)

______________

Fraud:

Feds create task force to end payments to dead people after $600M paid out
(DBN)

Preet Bharara to speak at Rajaratnam's business school
(DBN)

Ezri Namvar, The "Bernie Madoff of Beverly Hills," Faces Up To 10 Years In Prison
(DBN)

Merkin funds win dismissal of Madoff lawsuits
(DBN)

______________

Rating Agencies:

SEC May Recommend Legal Action Against S&P Over CDO Ratings
(DBN)

SEC Notice to S&P May Signal Enforcement Cases Against Credit Rating Firms
(DBN)

______________

Solar:

Solyndra Creditors Seek Delay in Bankruptcy Auction
(DBN)

Solyndra,creditors find common ground on sale plan
(DBN)

Obama advisors raised warning flags before Solyndra bankruptcy
(DBN)

Solyndra Was Just a Bad Bet From the Beginning
(DBN)

Oil Billionaire's Charity, Backing Obama, Sought Solyndra in Tulsa
(DBN)

California Democratic Party Among Solyndra's Creditors
(DBN)

The Half-Billion Solyndra Debacle -- Why Is Steven Chu Energy Secretary?
(DBN)

How GOP Is Using Solyndra to Kill Clean Energy
(DBN)

Solyndra , Solyndra , Solyndra (deep breath)Solyndra
(DBN)

The Moral of the Tale of Solyndra
(DBN)

After Solyndra
(DBN)

The Navy's Own Solyndra
(DBN)

What Role Should Government Play in Energy Production?
(DBN)

Rice's firm also worked for Solyndra
(DBN)

______________

Corporate Reform:

Bill Seeks to Ease Sarbanes-Oxley for Small Firms
(DBN)

______________

Privacy:

Privacy vs. bankruptcy: case lesson on when customer data is not for sale
(DBN)

______________

Municipalities:

Cities Across U.S. Grapple With Tax Revenue Drop as Costs Rise, Aid Falls
(DBN)

Public Workers May Face Big Cuts From Congress
(DBN)

Mendocino Coast recreation district exploring bankruptcy
(DBN)

Is Texas Really a Low Cost Tax State?
(DBN)

______________

Food/Beverage:

Pat & Oscar's files for bankruptcy
(DBN)

SSI Group Holding Corp. (d/b/a Souper Salad & Grandy's)Creditors' Committee Appointed, Selects Counsel
(DBN)

______________

Health Care:

Negotiations Needed to Sell Hospital Still Ongoing
(DBN)

Owners of Bayonne Medical Center spent $350K on lobbyists and political campaigns in past 2 years, records show
(DBN)

______________

Bankruptcy Crimes:

Former mortgage broker gets prison in fraud case
(DBN)

______________

Credit/Debit Cards:

How The Durbin Amendment Led To Massive Political Controversy
(DBN)

A Double-Bonus Of Unintended Consequences, Courtesy Of Dick Durbin
(DBN)

______________

Derivatives:

Five Banks Account For 96% Of The $250 Trillion In Outstanding US Derivative Exposure
(DBN)

______________

Accounting:

EU to propose audit-only firms and mandatory rotation
(DBN)

Big Four auditors face massive shake-up
(DBN)

KPMG to lead UBS investigation
(DBN)

Deloitte reports 8% rise in global revenue
(DBN)

Investors Might Want to Tread Carefully Around Companies with High Audit Fees
(DBN)

PwC Manager, Exploring New Career Opportunities, Accidentally Makes Entire Office Aware of It
(DBN)

_____________

Lehman:

JPMorgan seeks to move Lehman's $8.6 billion lawsuit
(DBN)

______________

Media:

News Corp. Marketer Used Mafia Lessons to Instill Fear, Respect
(DBN)

Lawyer for Phone-Hacking Victims Targets News Corp. With Class Action
(DBN)

______________

Book Reviews:

Touring the Ruins of the Old Economy
(DBN - NY Times - Paywall Limit Possible)

______________

Corporate Governance:

Some Thoughts About "Board Accountability"
(DBN)

______________

New Bankruptcy Opinions
(3 new opinions today)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Miscellaneous:

Solyndra, FGIC, Spiegel, Taylor Bean, Mountain City
(DBN)

Rochelle on Madoff Decision and Upcoming Bankruptcies
(DBN)

______________

Venue:

House panel considers change of rule on venue in Chapter 11 cases
(DBN)

______________

Cash Collateral:

In re Delco Oil, Inc.: Critical for vendors to determine whether a debtor has authorization to use cash collateral
(DBN)

______________

Avoidance Actions:

Tribune Co. creditors seek to let 'small fish' off hook
(DBN)

Barclays Capital Inc. Opposition to Pirinate Consulting Group’s Motion to Amend it Avoidance Complaint
(DBN)

______________

Jurisdiction:

The Stern Files
(DBN)

______________

Exemptions:

Exemption Policy: Sometimes it Doesn’t Pay to be Debt Free
(DBN)

______________

Insurance:

Ruling threatens investors' life-insurance bets
(DBN)

______________

Religion:

Catholic Diocese of Wilmington emerges from bankruptcy
(DBN)

______________

Politics:

"The president praises Warren, whom he says he met at Harvard Law School, as though they are old friends. They're not."
(DBN)

Warren tax diatribe misses root cause of middle-class malaise
(DBN)

Elizabeth Warren misses the point ‎
(DBN)

Warren's war on wealth: should the rich pay more?
(DBN)

Former White House Adviser Warren Looking for Blue-Collar Connection in Massachusetts Senate Race
(DBN)

Elizabeth Warren's Ridiculous Rant
(DBN)

Obama, Elizabeth Warren , and the argument over `class warfare' ‎
(DBN)

Cain nearly quit campaign before Florida straw poll, calls Obama a ‘liar’
(DBN)

It Turns Out Rick Perry Owes His "Texas Miracle" To Two Things He Hates
(DBN)

Romney, Harvard Grad With Harvard Advisers, Rips ‘Harvard Faculty Lounge’
(DBN)

Congress Can't Even Agree on Easy Stuff
(DBN)

______________

M&A:

Worst Quarter for M&A Since 2009
(DBN)

______________

Mass Torts:

Spill inquiry focuses on pressure readings
(DBN)

______________

Marketing:

Ketz Sees a `High Probability' of Groupon Bankruptcy
(DBN)

______________

IMF:

IMF's Lagarde sets her own style with hard truths
(DBN)

______________

UK:

Miliband Pledges to Tax U.K. Asset Strippers, Reward Innovation
(DBN)

Families face £5000 bill to bail our debt-stricken Euro nations
(DBN)

Debt fears as profits plummet
(DBN)

BAE Systems to cut up to 3,000 UK jobs
(DBN)

UK businesses are losing more than £10bn a year as inflation erodes any interest earned
(DBN)

Tony Blair's Obsession with Making Money
(DBN)

Appointment of Administrators - 26 September 2011
(DBN)

Winding Up Petitions - 26 September 2011
(DBN)

______________

EU:

Euro zone damps talk of rapid debt crisis steps
(DBN)

Euro Zone Primer: Where Things Stand
(DBN)

Banks May Need $202B Euro-TARP Program: JPMorgan
(DBN)

EU Official Cited Anonymously On CNBC Says New EFSF Plan Is Virtually Ready To Go
(DBN)

Pound Rises Against Euro on European Debt Concerns; Gilts Fall
(DBN)

Eurozone bites wider bailout bullet
(DBN)

Soros: Failing To Resolve The Euro Debt Crisis Will Trigger A Breakdown Of The Global Financial System
(DBN)

ECB to Shun Managing Regional Bailout Fund
(DBN)

Funds seek action on bigger bank rescue pot
(DBN)

Larger Europe bailout fund could weigh on ratings: S&P
(DBN)

The eurozone and the danger zone
(DBN)

Analysts Disappointed by IMF, World Bank Meeting
(DBN)

The global economy waits on action from Berlin
(DBN)

A Children's Treasury of Failed European Rescue Plans
(DBN)

France Seen Moving Towards Bank Bailout
(DBN)

Is A "Paulson Moment" The Only Thing That Can Save Europe?
(DBN)

______________

PIIGS:

Greece races for parliament backing after IMF talks
(DBN)

Bankruptcy threat to Greece as euro ministers delay vital €8bn
(DBN)

Papandreou Says Greece 'Not Poor,' Can Overcome Debt Crisis
(DBN)

Greece: will get loans in time to avoid default
(DBN)

Disorderly default, almost as bad as civil war
(DBN)

German Leader Reaffirms Backing for Greece
(DBN)

Foreign minister looks to tax financial transactions
(DBN)

Papandreou Tests Party Backing in Greek Parliamentary Vote on Property Tax
(DBN)

Greece needs to default on its debt and exit the eurozone
(DBN)

Greece denies holding debt default talks
(DBN)

Merkel: Greek default would destroy faith in Europe
(DBN)

Italy Sells $19.6 Billion of Debt as Borrowing Costs Rise
(DBN)

ie: Fall In House Prices Accelerates
(DBN)

______________

France:

French socialists sense change after vote; Troubles pile up for Sarkozy
(DBN)

______________

Canada:

Canadian Currency Slides to Weakest in More Than a Year on Europe Concern
(DBN)

______________

Russia:

Police raid Moscow bank linked to liberals
(DBN)

Russia's finance chief rebels over Putin plan
(DBN)

Russia feels the pain as investors take flight
(DBN)

______________

Japan:

Fukushima Desolation Worst Since Nagasaki as Population Flees
(DBN)

Tepco Needs Reactor Restarts or Faces Insolvency , Nikkei Says
(DBN)

______________

China:

China Developers Face More 'Severe' Credit Outlook, S&P Says
(DBN)

Chinese PC makers face crisis as wages rise
(DBN)

Anonymous faction alleges China farming fraud
(DBN)

A closer look at why business owners are defaulting like mad in Wenzhou
(DBN)

______________

New Zealand:

Bargain hunters eye Serepisos' property empire
(DBN)

Party's over for bankrupt Terry Serepisos
(DBN)

______________

Korea:

Depositors Swarm Korean Thrifts Following Bank Closures
(DBN)

______________

 

 

 

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Copyright 2011